Shandong Polyformaldehyde Price Fluctuates and Consolidates

According to the Commodity Market Analysis System of the Business Society, the prices of polyformaldehyde in Shandong have been fluctuating and consolidating recently. This week, the average production price of polyformaldehyde in Shandong was 5125.00 yuan/ton, a decrease of 6.39% month on month and 5.67% year-on-year.

 

Upstream methanol situation: narrow range consolidation and operation in the domestic methanol market. Last night, the Shanxi coking plant was shut down for maintenance, and the coal price fluctuated weakly, with no cost support for the market. Domestic supply is gradually recovering, and downstream demand may change or be limited. Methanol analysts from Business Society predict that the domestic methanol market may be in a weak position to consolidate and operate.

 

Recently, the methanol market has been weak and consolidating, with average cost support. Downstream procurement remains in demand, and manufacturers are shipping normally. Analysts from the business company Polyformaldehyde expect prices to decline slightly.

http://www.polyglutamicacid.com

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